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How Tether's $45 million crackdown drove Southeast Asian scam compounds into an 'unfreezable' decentralized stablecoin

What happened

Xinbi says it will transact only in USDD after Tether repeatedly froze the wallets underpinning its payment network. Tether is pursuing Xinbi Guarantee across its USDT payment network, freezing operational wallets as the sanctioned marketplace tries to keep transacting..

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